Archive for December, 2011
Strong Loonie Flying South
With the Canadian dollar (the Loonie) equaling the value of the US greenback, more and more Canadians are choosing to invest in real estate south of the border.
The recession in the United States has sent housing prices spiraling downward to the point where, in some instances, the purchase price of a nice condo near the beach in sunny Florida is comparable to the price for a parking spot in Toronto. A recent investor from Toronto paid ,000 for a condo in upscale Naples, Fla. Compare that to the ,000 price tag for an extra parking space at the soon to be completed Ritz Carlton residences in downtown T.O. and it’s easy to see why the U.S market is so appealing to its northern neighbours.
The real estate market in the United States has been one of the hardest hit sectors since the economic downturn began and the value of properties have decreased to the tune of 70% in some regions. This translates into great news for Canadian investors who, according to the U.S based National Association of Realtors, were the number one foreign purchasers of property in 2009, weighing in at 11% of all international purchases.
Tags: canadian newsRelated posts
Spice up soy for life
A recent Angus Reid poll shows that 59 per cent of Canadians recognize soy’s health-boosting qualities. Learning to incorporate soy foods on a weekly basis is a good step toward including plant-based proteins in our diet says Dr. Alison Duncan, dietitian, University of Guelph. As a mother of young children, she combines a soy-based pepperoni with familiar tomato and cheese flavours on pizzas.
Besides meat alternatives and soy beverages, think of tofu as an ingredient that takes on the flavor of other ingredients and seasonings. Nutritionally, it is a low-fat, rich source of high-quality protein, a good source of B-vitamins and iron, and an excellent source of calcium.
Tags: canadian newsRelated posts
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